Manhattan Rent Hits All-Time High
Published : 2023-08-10 - Duration : 00:53 - View : 1
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Description :
Manhattan's rental market experienced a new record high for rents in July. Despite a decrease in population during the pandemic, the average monthly rent reached $5,588, a 9% increase from the previous year, with a median rent of $4,400 per month. The price per square foot also hit a record at $84.74. The rent surge has persisted despite decreased ...
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